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fxAug 10, 2026, 6:30 AM

USD/JPY rebounds to 158, bulls target 158.65

The US dollar bounced from 156.68 on Monday, reclaiming 158.00, with bulls aiming for last week’s high of 158.65.

USDJPY

The US dollar strengthened against the Japanese yen on Monday, erasing earlier losses.

The pair rose back above 158.00 after finding support at Friday’s low of 156.68.

Short-term momentum has shifted higher, with traders eyeing the recent peak at 158.65.

Source: FXStreet Forex News